NY: The Beekman Hotel & Residences

On Wednesday, November 30th, SPIRE Members toured The Beekman, a Thompson Hotel, and The Beekman Luxury condo residences.  Recently renovated, this masterpiece has been rediscovered within the majestic walls of one of New York City’s most exceptional landmarks. Following the tour, members enjoyed drinks and hors d'oeuvres in the Kelly Room at the hotel.

The historic 1881 landmark property is one of New York City’s last architectural treasures. Reflecting the rise of The New Downtown, The Beekman brings turn of the century and contemporary architecture side-by-side to give home to those seeking an authentic metropolitan experience.

The Beekman Residences, 67 luxury condos, are modern canvases showcasing unparalleled views of New York City’s most iconic landmarks. The private residences start at one hundred and seventy-two feet in the sky. perched atop the hotel.

The history of the Beekman is one of its most endearing qualities.  The original 5 Beekman red brick and terra cotta building was built between 1881 and 1883 by a wealthy Irish immigrant banker, Eugene Kelly. The building was successful in attracting tenants that wanted to be in close proximity to the publishers on Park Row, court houses and City Hall and a ten-story limestone annex was built in 1888-1890.  Between the turn of the 20th century and the 1940s, the building transitioned to more non-profit tenants as the neighborhood started to decline and newer skyscrapers were attracting the top tenants downtown. From the 1940s until about the 1990s the historic glass atrium and gallery spaces were enclosed in sheetrock, hiding the atrium space from the building’s tenants. This was done for fire code reasons as well as to save on heating costs for the building. The 1990s and early 2000s saw several prominent NYC developers attempt to but ultimately not succeed in redeveloping the historic building. In 2012 GFI acquired the historic 5 Beekman Building, 115 Nassau, a 50-foot development site behind the historic building and an air parcel of unused air parcel from 5 Beekman Street.

GFI has restored the historic building and constructed a 51-story tower adjacent to the historic project.  The project includes 287 guestrooms and public spaces designed by Martin Brudnizki as well as the luxury condominium units designed by Thomas Juul-Hansen. The building is a NYC landmark and is a contributing building to National Parks Service’s National Register of Historic Places.

We greatly appreciate the support of GFI Development Company and Cindat Capital Management, for providing the tour.